Freedom Center

Analysis

Freedom Center is a registered charity in United States, based in Corinth, MS. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Freedom Center reported income of $202k and spending of $219k, spending 109% of what it took in. Across the 4 years on record, from July 2021 to December 2023, income fell from $394k to $202k (-49%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 41% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Freedom Center sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within MS. Charities of a similar size with the same main cause include Lifeline Resource Center ($202k), Down for a Cure Inc ($202k) and Patrick Schoonover Heart Foundation ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 37% of the total. Other salaries and wages came to $84k. At year end it held assets of $317k against liabilities of $1,244, net assets of $316k. It reported 6 employees.